Hopes that lawmakers in Washington will reach an agreement on taxes and spending gave investors new confidence and drove stock indexes to their best day in two months. Photo: Bloomberg.

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... oh ... the ... folks that lawmakers in Washington will reach agreement on taxes spending gave investors the confidence and show stock indexes to their best in two months on Monday morning ... welcome to the New Saab I'm Ralf Winkler ... meanwhile today Hewlett-Packard freefall is set to continue as the company now claims to be the victim of a massive accounting fraud related to a prior acquisition ... Steve Russell appeared ... joining us in a pinch the lady on comes in well thanks so much on sold before we get the HP which has come to some huge visits talk about on the mark was up ahead at best into it in in two months ... are we looking at yes that today ... this is me much fall through Dow futures are down a little bit of that basically over setting up for flat they recount so coming off of that order some point gain yesterday ... but not necessarily a bad sign your Jueckstock the market to cut it can solve the euro after after such a big move higher ... up again as was the focus is to a fiscal cliff will again continued to be ... the thing that people keep their eyes on ... you know there's some positive rhetoric and Washington that maybe these guys and comes with some sort of of of the deal ... if that continues you could see the market then drift higher here because ... over the past two weeks all the concerns of the Bay wall can we get a deal so if they can that would be there anything else to expected this week is Thanksgiving week ... users ... to create the Asians that they are scheduled ... between the two sides it seems like the mean talk to really start to pick up steam after this that the Thanksgiving holiday in December of that seems to be the focus break now ... and then on top of the Thanksgivings is typically a up pretty late week markets are closed and on Thursday for the holiday Cafe on Friday so trading volumes to be later than usual ... I think that we got to start is a good week for the market and so yesterday's rise was not complete stock in that respect okay ... let's jump over Hewlett-Packard HQ ... to down eleven percent ... in that in pre market trading and when I last checked and now ... we're talking about are a ten percent ... aam ... this is of course another new low in the cracks below twelve dollars ... it's ... I wanna read it let let's catch people up here they basically they reported earnings this morning ... and along with those earnings the said BHP record a noncash charge basically a big writedown ... by Indian out of eight point eight ... billion dollars ... most of which ... related to the acquisition of Autonomy write software company year-ago ... and it's another people in our rights under the other one that they reported for duty at so ... yet this company and they have announced that there been a big restructuring mode ... the CEO Meg Whitman has said that this is the first year of a multi year ... of restructuring so ... again that that that that that results are not a complete shock year but still though it just goes to show that this country has all really really really long road ahead ... opted to ... return back to Perry was on the stock can hit again today ... I still Packard is actually it's not really that big of a week in the Dalzell not have that big impact on the Dow ... up but still though just take in general has has been weak over the last two two months and this certainly would overseas into well after after reporting earnings PC business in general has ... just ... been terrible with with with the I pad taken taken share with things like laptops ... you know it but what are your store says sang about ... about each P I mean some of the guys I talk to ... I mean you're actually whispering ... seriously ... HP MIB's euro ... I mean that I did the disaster I mean I think I've I've always thought that that's a little crazy in the near Sebastian's here at the scene a little bit crazy and I guess time will tell is this because this is the very beginning of the of a very long restructuring program so if they can't gain any sort of Hadley ... within the next few quarter's then you know I've The it may not be zero but ... he'll certainly the score doesn't give you any hope of on this that that is going to ... be alone Stephen D lol thanks so much for joining us thank you